Income Tax Assessment
Introduction : Section 144 of the Income Tax Act empowers the assessing officer to make the Best Judgement Assessment in cases where the taxpayer fails to comply with the provisions of the Act. This assessment ensures that the tax authorities can determine the taxable income and tax liability to the best of their judgment. Let’s … Read More “what is the Best Judgement Assessment, Provisions, Process, and Duration of Assessment under Section 144 of the Income Tax Act?” »